RAG models - CybAI news

03 Jun

What Boeing needs in its next CEO, according to the president of Emirates

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Boeing needs a hands-on leader who understands the business if it wants to get out of the rut it is in, says Tim Clark, the president of Emirates."You need a true leader, a strong person, a great communicator who understands the business," Clark, whose company is the largest buyer of Boeing's widebody jets, told Bloomberg's Guy Johnson on Sunday. The aviation veteran was speaking at the sidelines of the International Air Transport Association's annual meeting in Dubai."I've always said it should be an aerospace engineer. It would help a lot. I've often used Alan Mulally as the example of that,"…

03 Jun

Monzo Makes First Profit Even as Credit Losses Soar

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Monzo Bank Ltd. reported its first annual profit after more than doubling its revenue last year, though it made provisions for bad loans worth more than a tenth of its lending book. Source link lol

03 Jun

A Cybertruck owner says fingerprints aren’t a problem if you polish the exterior to a mirrorlike finish

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A Cybertruck owner had his stainless steel truck polished to a mirrored finish, which he claims solved the vehicle's oft-reported dust and fingerprint issues.Tyson Garvin, a boating enthusiast from Joplin, Missouri, knew he wanted to polish his Cybertruck from the moment he pre-ordered it nearly five years ago."When we ordered it on Tesla's announcement day, I knew I was going to polish it that day," Garvin told Business Insider in an interview.Finally, after years of patiently waiting, Garvin got his truck in April. But, after seeing it in person, he told BI there was much left to be desired."I didn't…

03 Jun

Atos to Assess New Rescue Offers From Kretinsky, Onepoint

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Atos SE received revised bids from the two consortia vying to take over the heavily indebted French IT company, and will work with creditors this week to choose between them. Source link lol

03 Jun

It looks like Elon Musk and Jamie Dimon are one step closer to making peace amid their nearly 10-year feud

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The Tesla and JPMorgan CEOs have been throwing remarks — and lawsuits — at one another since 2016. But their relationship has been better since March, people familiar with the duo told The Wall Street Journal.In March, Musk attended a JPMorgan technology summit in Big Sky, Montana, and the two executives spoke for an hour on stage about artificial intelligence and politics, the Journal reported. Musk also visited Dimon's suite at the resort and stayed there for over an hour. Following the event, Dimon decided his bank could try to go back to doing business with Musk, people familiar with…

03 Jun

Chinese Firms Jostle With US Peers for Sliver of Gulf Oil Riches

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A wave of Chinese banks, asset managers and hedge funds are ramping up in the Middle East, jostling with Wall Street firms who are making their own expansion push in a region flush with oil wealth. Source link lol

03 Jun

Pee-wee’s Hollywood Hills playhouse is up for sale for $5 million after actor Paul Reubens’ death

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Paul Reubens bought his Los Feliz home for $415,000 with earnings from "Pee-wee's Big Adventure."Now, a year after his death from cancer, the estate has been listed for sale at $4.995 million.Built in 1957, the midcentury modern home features sweeping views of LA and the Hollywood Hills. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the…

03 Jun

GameStop Set to Jump as Keith Gill Post Shows $116 Million Bet

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GameStop Corp.’s shares are set for a wild ride at Monday’s opening after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million position in the stock. Source link lol

03 Jun

Top MBAs are flocking to search funds. One Harvard grad explained why he founded a $600,000 fund to buy tech companies.

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During his MBA at Harvard Business School, Gaurav Singh pursued a tennis coaching app that didn't gain much traction with venture capitalists.The app ultimately failed, and after graduation, he worked for a year and a half at an artificial intelligence startup in Toronto before exploring other avenues. He landed on an option that's becoming increasingly popular with top MBAs and entrepreneurs: launching his own search fund.In February, Singh, 31, founded Guddi Growth. The Toronto-based search fund focuses on buying software-as-a-service companies with annual recurring revenue of at least $5 million.Lower salary — but a big potential paydayA search fund founder…

03 Jun

China Steps Up Warning to EU Just Days Before Tariff Decision

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China accused the European Union of working to “suppress” Chinese companies and said Beijing will take action to safeguard its interests, as the bloc moves closer to imposing tariffs on Chinese electric vehicles. Source link lol